US Economy Shrinks, Yen, China Politburo: 3-Minute MLIV

The video discusses the politicization of GDP figures and the technical factors influencing them, such as the large volume of imports relative to exports. It clarifies the difference between technical and real recessions, noting that the economy is not in a real recession despite two quarters of negative growth. The video also analyzes market reactions, particularly the Yen's performance, and highlights geopolitical factors affecting China's economy, including the lack of additional fiscal stimulus.

What does the speaker suggest about the future of the yen and bond yields?

What expectations did the speaker have regarding additional fiscal stimulus from China?